Buncombe Creek Volunteer Fire Department

Analysis

Buncombe Creek Volunteer Fire Department is a registered charity in United States, based in Kingston, OK. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buncombe Creek Volunteer Fire Department reported income of $166k and spending of $64k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $166k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 39% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Buncombe Creek Volunteer Fire Department sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Sunset Volunteer Fire Department Inc ($166k), Henryville Volunteer Fire Dept ($166k) and Mott Volunteer Fire Brigade ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.